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Land For Sale • 0.15 AC
| The Neema Group is pleased to present 5725 Melrose Ave, a vacant lot totaling 6,424 SF zoned C2-1D in a Tier 3 TOC |
| Located in a prime location on Melrose Ave in the Hancock Park & Larchmont Village neighborhood of Los Angeles |
| Ideal multifamily development opportunity with the ability to build 17 units by-right, 28 units if the TOC incentives are utilized |
| Additional density via ED-1 (Buyer to verify) |
| Ideal location just down the street from Wilshire Country Club, Los Angeles Tennis Club and the Marlborough School |
| Unique opportunity to acquire a vacant lot with strong density potential and no relocation required |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 12 min | - | 5.8 mi | |
| Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 13 min | - | 6.0 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 20 min | - | 10.0 mi |
| Los Angeles International | 27 min | - | 12.9 mi |
| Long Beach (Daugherty Field) | 40 min | - | 28.4 mi |
Patricia Escobar
Marcus & Millichap
